Condos for rent in the Philippines

There are numerous types of condos for rent in the Philippines to fit any budget and preference. Renters can choose a studio room, one to three-bedroom, loft, split-level, and penthouses. The smallest and most affordable type is a studio room, which has one room that serves as the dining room, kitchen, living room, and bedroom. Some studio rooms, particularly in Metro Manila, can be as small as 16 small square meters. Penthouses are the largest and most exclusive type and they are located on top of a condo building and usually offer more space and more privacy and are equipped with luxury features, which is why they are usually a lot more expensive than other types of property.

Renters can also choose between high-rise and low-rise condos. High-rise condos in the country are mostly located within central business districts and offer beautiful city views, while low-rise condos can be found in many parts of the country and have more spacious rooms since it has a smaller number of units. Both high-rise and low-rise condos in the Philippines are usually equipped with additional amenities, such as swimming pools, gyms, kid’s playgrounds, and 24-hour securities.

The official currency used in the Philippines is the Philippine Peso, and the exchange rate from US$1 is approximately ₱49.1. In some tourist areas, US dollars may be accepted to pay for services and goods. However, since ATMs that accept international cards are only available in major cities, make sure to stock up on cash before traveling to smaller towns.

The standard of living in the Philippines has risen significantly in the past couple of decades, but the cost of living is relatively affordable. Most foreigners coming from western countries can live comfortably on very little.

The official language in the Philippines is Filipino and English. The country is the fifths largest English-speaking country behind the United States, India, Pakistan, and the United Kingdom, which is why many tourists and foreigners find it easy to travel around the country.

The climate in the country can be slightly different in each region, but the country generally experiences a tropical climate with two seasons: rainy and dry season. The rainy season (from June to November) is prone to typhoons, while the dry season (from December to May) can be very hot, with temperatures soaring as high as 40°C.

For foreigners to stay in the Philippines, Long Stay Visitor Visa is required. This type of visa has a maximum length of 16 months but has to be reapplied for up to 6 months at a time.

1. Convenient lifestyle – condos in the Philippines offer a convenient and luxurious lifestyle since they are mostly located near shopping centers, public transportation system, and are equipped with services and amenities. They give renters a hotel-like lifestyle.
2. Flexibility – should you make a change of plan or you have to leave the Philippines on short notice, renting gives you more flexibility. You don’t have to worry about having to sell your condo or finding someone to take care of it.
3. Less responsibility – renting a condo in the Philippines comes with less responsibility compared to owning one. You do not have to worry about maintenance or fixing anything that may be broken. Renters can always ask the condo management to take care of the maintenance. You also do not have to worry about paying fees that are included in owning a condo, such as tax and maintenance fees. All you have to do is pay a deposit and your rent.
4. Strict laws – renting is the most straightforward option for foreigners relocating to the country. While foreigners are allowed to purchase a condo, there are strict requirements and restrictions to be able to do so.